Values have been changing and have risen £567 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,089 in last 6 months, £8,818 in last 1 year, £16,575 in last 2 years, £17,353 in last 3 years, £17,085 in last 4 years and £13,756 in last 5 years.
Currently average asking price of a property in Lancaster Place, Leicester, LE1 is around £337,275 based on approximately 0 properties for sale. Same is the case with rental options based on 270 properties up for rent, average asking rent is around £2,779 per month.
Estimated property value in Lancaster Place, Leicester, LE1 is £173,775. Average asking price is £337,275 while average price paid is £135,000 which is up by £17,353 and Avg. asking rent £2,779.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lancaster Place, Leicester, LE1 area. In last 3 years alone average price buyer paid is around £135,000 based on approximately 5 sales in Lancaster Place, Leicester, LE1 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £140,833. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £144,285 for 7 per sale.